TURIN – Alfa Romeo plans to build a rear-engine, rear-wheel-drive coupe that would become the brand's halo car.
Fiat's struggling sporty brand aims to complete a concept car for the innovative lightweight coupe for a planned Geneva auto show debut next month.
The concept is set to be built as the 4C GTA and go on sale for 40,000 euros (about $55,000).
Alfa enthusiasts have dreamed for almost two decades of the return of an affordable rear-drive model after the Duetto Spider was discontinued in 1994.
Alfa's 8C Competizione, which was built from 2007-2008, was too expensive for most Alfa buyers. The spider version of the 8C cost up to 213,000 euros and the car's production run was limited to 1,000 units.
Alfa is set to begin production of the 4C GTA by the end of 2012 in one of Fiat's factories in Italy. The automaker plans to build 20,000 to 25,000 units of the coupe over the following five years, two people familiar to the matter told Automotive News Europe.
The Fiat sources said that the 4C GTA could be sold in the United States, but no decision has been made yet.
A Fiat spokesman confirmed that Alfa is working on a concept car, but said its unveiling at the Geneva show is still uncertain because of “delays in the concept model construction.”
The 4C GTA was designed by Alfa's styling center in Turin and is said to be a rakish, very compact and extremely low two-seat coupe. Reports on Alfa's enthusiast blogs wrongly say the model was designed by Pininfarina S.p.A.